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    362 Industrial Park Rd Middletown, CT 06457

    Sponsored
    For Sale
    $724,900

    Spacious Industrial Condo, Prime Location

    Property size:
    9,301 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 9,301 square foot industrial-office condominium presents a remarkable opportunity for businesses seeking a versatile and strategically located space in Middletown, CT. Situated conveniently off Interstate 91, Exits 20 and 21, this property boasts ample office and warehouse space, ideal for a variety of uses. High ceilings, a loading dock, and overhead doors facilitate efficient operations, while natural gas heat and central air conditioning ensure year-round comfort. The property features a drive-up ramp leading to a large warehouse area with high ceilings, perfect for storage, distribution, or service-based businesses. This listing encompasses two combined units (#2 and #3) within the same complex, offering significant space and operational flexibility. The combined units are owned by the same seller, providing a seamless transition for the new owner. This is a rare opportunity to own, rather than rent, a well-appointed industrial space in a highly desirable location. The property's accessibility and expansive layout make it an attractive option for businesses seeking to establish or expand their operations in the thriving Middletown market. The combination of office and warehouse space, coupled with the convenient location and modern amenities, makes this property a truly exceptional investment. Don't miss this chance to secure a prime commercial space in a high-demand area.

    Property Features for 362 Industrial Park Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,301 SF

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Artis Energy Solutions Energy Equipment And Solutions In-Store Opportunities Manufacturer Skyline Exhibits & Graphics Graphic Designer Lord & Hodge Inc Florist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.71137
    Latitude
    41.59312

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Industrial Condo, Prime Location
    Where is this commercial real estate located?
    The property is located at 362 Industrial Park Rd Middletown, CT.
    What is the asking price?
    The asking price for this property is $724,900.
    (860) 515-3100
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    362 Industrial Park Rd Middletown, CT 06457
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    Middletown, CT 06457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    362 Industrial Park Rd Middletown, CT 06457
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